Why this Wall Street fund quietly signaled its intention to invest in BitcoinBTC $16,744 (+5.4%) • ETH $460 (+3.9%) • XRP $0.28 (+6.9%)
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Bitcoin is up 60 percent in the past month alone. This performance makes it the best-performing macro asset, hands down. It’s no surprise that considering this performance, investors want in. While retail interest in the cryptocurrency market has yet to pick up as BTC is not yet past its $20,000 all-time high, Wall Street investors are increasingly signaling their support for Bitcoin. Just recently, a multi-billion-dollar fund on Wall Street revealed that it may invest in cryptocurrencies, namely Bitcoin, moving forward. Trending … 🚜 DeFi Tokens • 🔮 Oracle Tokens • 📈 Biggest Gainers • 💵 Stablecoins More news ⏬“YouTube’s King” PewDiePie briefly mentioned Ethereum in a recent videoWhile he’s not an outspoken advocate for cryptocurrency, Felix Arvid Ulf Kjellberg, known online as “PewDiePie,” has been increasingly been getting involved in the space, often through sponsorships. Intercom co-founder jumps onto the “Bitcoin wagon,” encourages othersEoghan McCabe, the co-founder of the software conglomerate Intercom, said he jumped onto the Bitcoin wagon. Why a Citibank analyst is calling a $318k target for BitcoinThe banks are borderline following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later. Research: real Bitcoin volume explodes to 2020 high, but greed takes overAccording to Arcane Research, the “7-day average daily real bitcoin volume” hit a yearly high. How $150m in Ethereum & DAI was used to steal $7m from a Yearn.finance competitorIt may seem like a broken record at this point but yet another decentralized finance (DeFi) protocol was recently exploited. Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one pointEver wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)? In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market. This $700m cryptocurrency is about to see its first halving six months after BitcoinIn May, Bitcoin underwent its long-awaited block reward halving. This firm wants to help the US feds in selling $1 billion of seized BitcoinOn-chain analysis and security company Chainalysis announced the launch of its “asset realization program” to help government agencies and insolvency practitioners handle, store, realize, and monitor seized assets, as per a release earlier this week. Ethereum DeFi’s most enigmatic investor, “DegenSpartan” says this will be DeFi’s watershed momentIf you’ve followed DeFi on Twitter, you’ve likely heard of the name “DegenSpartan.” The pseudonymous investor, believed to be based in Asia, has become one of the most popular voices within the Ethereum and DeFi community, having entered this crypto industry extremely early on. Featured event - BlockDown Latam 2020
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